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Akwa Ibom State University (AKSU) is a conventional academic institution whose vision seeks to keep aflame the pursuit of Knowledge, Excellence and the spirit of enquiry. AKSU also offers opportunities for Learning and Leadership, Service and Self-actualization to all mankind, towards a Peaceful, Humane, Prosperous and just Society.

Friday, November 18, 2016

Dangote donates N250m to University of Ibadan

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Africa’s richest entrepreneur
Aliko Dangote yesterday gave the University of Ibadan (UI) N250 million. He made the donation after
receiving a honorary doctoral degree at the convocation and 68th Founder’s Day
ceremony yesterday. In his speech, the business
mogul said the Federal Government should give University of Ibadan a special status to attract
higher funding.

He said: “We do acknowledge
that the Federal Government alone cannot shoulder the burden of funding
tertiary education due to competing needs of other sectors also demanding
attention. This is where Public Private
Partnership (PPP) comes in. I strongly believe the private sector must go
beyond the payment of the two per cent Education levy to join hands with the
governments in funding tertiary education in Nigeria.”

President Muhammadu Buhari,
in his address, urged tertiary institutions to produce graduates with
entrepreneurial skills. He lamented that the standard
of education has succeeded in creating three classes of Nigerians – a minority
that is well educated, a majority that is poorly educated and those without
education. Describing this as bad for
the nation, Buhari said efforts must be put in place to reverse the trend.

The President, who was
represented by a Director in the Federal Ministry of Education, Hajiya Fatima
Mohammed, reiterated his administration’s commitment to qualitative education,
with the participation and support of stakeholders.

The Vice Chancellor, Prof
Idowu Olayinka, said the university was being repositioned to compete with
“globally acclaimed best universities”. He announced a new faculty;
Agriculture and Renewable Natural Resources, and the splitting of Department of
Economics into Economics, Accounting, Business Administration and Banking and
Finance.